Washington Report 360 | July 29, 2022

A weekly newsletter covering legislative and regulatory developments affecting financial services firms—in 360 words or less.

Key Highlights

  • Economy. FRB increased policy interest rates by .75 basis points and raised the target range of the federal funds rate to 2.25 – 2.5 percent.
  • CFPB. Enforcement actions against a nonbank mortgage lender alleging ECOA redlining (first of its kind); a large bank alleging TILA, FCRA, and UDAAP violations related to sales practices and unauthorized use of customer personal information; and a lender alleging FCRA and UDAAP violations and credit reporting failures.
  • FSOC. Fact Sheet outlining the activities and progress of the 15 FSOC members to address climate change and new Climate Data and Analytics Hub pilot program at the OFR.
Financial services regulatory news
SEC
CFTC
FINRA
FRB
FDIC
OCC
CFPB
Treasury
DOL
HUD
BIS

 

Financial services policy news
White House
Senate


Industry news headlines

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Contact us 

Amy S. Matsuo

Amy S. Matsuo

Regulatory and ESG Insights Leader, KPMG US

+1 919-664-7100